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From the Floor: Cable to 1.40? — #SaxoStrats

Yesterday's Bank of England outing saw the central bank issue some surprisingly hawkish signals which sent sterling higher. The rally was only aided by governor Mark Carney's comments that he is preparing for a rate hike and Saxo bank head of FX strategy John J Hardy says that resistance at 1.35 looks soft.

12:19 minutes
Tags: carney, central bank, coommodities, equities, gbp, gold, interest rates, john hardy, ole hansen, peter garnr, rates, saxo bank, saxostrats, saxotradergo, sterling, tradingfloor.com

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